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Egypt to implement several reforms in June including eliminating fuel subsidies: IMF
Authorities planning to hedge oil prices, but IMF advised caution, says report
Egyptian, Bulgarian businesspersons discuss new joint ventures at business forum
Couple of MoUs were signed in fields of investment, SMEs, says MIIC
Egyptians bought 362.9 tonnes of gold in 9 years: World Gold Council
The year 2016 saw largest sale of Egyptians of gold to reap profits, says Antwan
Gold bullion: saving for profits
Market sees trading of imported, local, handmade alloys, says Medhat Alberaqdar
Gold: safe haven for investments
Gold one of most important reserves of central banks, will not let it collapse, says CEO of Sabayik Al-Kuwait
Sarwa Capital obtains licences to commence insurance business
Sarwa Capital Holding for financial investments, announced on Monday the receipt of the requisite licences from the Financial Regulatory Authority (FRA) in order to commence offering life and general insurance products. Accordingly, two new companies will be commenced, Sarwa Insurance Company, which will provide property and liability insurance, and Sarwa Life Insurance Company, which will …
Business community calls on CBE to more cuts in interest rates
Decision to cut interest rates by 1% is good, yet values still relatively high, say investment experts
German delegation to Egypt praise Egyptian efforts in promoting economy, boosting investments
German Vice-Chancellor, Federal Minister of Economic Affairs and Energy, Peter Altmair, expressed his country’s interest in promoting economic relations with Egypt as it one of the main partners of Germany in the Middle East region and in Africa. He pointed out that the German delegation’s visit to Egypt proves the interest of German companies to …
Attracting right talent for thriving business
Yoga on the office roof, bring your dog to work, lunch by a five-star chef, nap pods for a quick siesta—these playful perks have become an all too familiar approach as a means to entice the very best candidates in the market. Consider these measures a result of an evolving work model, or a shift …
German business delegation to visit Egypt next week
European coutry’s investments in Egypt currently amount to $641m in 1,107 projects
Egyptian business delegation likely to visit Saudi Arabia shortly
Aim of visit to electronically exchange certificates of origin, say sources
Business and migration to shape Merkel‘s trip to West Africa
Abdel Wahab reappointed as GAFI deputy CEO
Mohamed Abdel Wahab was reappointed as deputy Chief Executive Officer (CEO) of the General Authority for Free Zones and Investment (GAFI). Shehab El Din was appointed as GAFI deputy CEO since August 2017 and was legal adviser to the minister of investment and international cooperation since 2015. He participated in amending some laws and regulations, …
Beltone, HC expect CBE to keep interest rates unchanged on Thursday
Stabilized returns on debt instruments at over 18% keep them attractive, says Beltone
Domestic engines of price inflation will stabilize in the Q4 2018, then likely to see easing of monetary policy: HC
Trump’s sanctions on Iran worry German business
SMEDA, EBRD organise networking forum for business women
Businesswomen Support Programme provided funding of about EGP 40m for 35 women through SMEDA’s offices, says Gamea
For banks, 2018 is year of data
We are often told that regulation and technology are the key drivers of change in banking. This maxim remains true, but can distract from a more critical insight. In 2018, regulatory reform and technology innovation will continue to reshape banking. But the changes they enable are being propelled by forces so profound and far-reaching as …
Artificial intelligence, business intelligence both indispensable tools for digital future
In the wake of the fourth industrial revolution that has swept the globe, and most certainly in the Middle East, significant technology advancement has completely upended how businesses operate. Accelerating innovation and growing automation technologies have become widespread, and our region is making a concerted effort to embrace, adopt these technologies, and consolidate its position …
Six global outsourcing companies expand business in Egypt: ITIDA
Egypt ranks first in Middle East, Africa in attractiveness index of countries providing global outsourcing services, says Rayan
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Ministers of communications, military production discuss cooperation on implementing future plans to develop communications, IT sectors
Minister of Military Production Mohamed Al-Assar met with Minister of Communications and Information Technology Amr Talaat to discuss joint cooperation and lay out proposals to implement future plans. Al-Assar reviewed several projects implemented in cooperation with the Ministry of Communications, including deepening local manufacturing in the electronics industry, establishing solar energy plants in the technological …
Thiqa, UAE’s Event Gate organise TREEX exhibition in Sharjah with EGP 1bn expected sales
Event Gate plans to launch investments in Egyptian market in general, real estate market in particular
Robotics and business: A dim future?
In China, robots are replacing human bank clerks, guards, waiters, cooks
Egypt main source of 2017 Middle East investments in France: Business France
300 Middle Eastern companies operated in France in 2017, employing over 24,000
Women in business world: Shining despite challenges
By 2022, about 1bn women expected to be ready to enter mainstream economy as employers, producers, entrepreneurs
Egypt tops EFG Hermes survey as best performing MENA market in 2018
2018 forecasted to be breakout year for FEMs, says Karim Awad
EGP 150m business value of Chinese Chint in Egypt
We have implemented electrical works for new cities, Dar Misr for fish farming, says Mostafa
4th Business Women of Egypt 21: Path to lifting Arab women’s conditions
Egypt is full of success stories led by women who overcame struggles, managed to earn financial incomes; they are considered role models, says Arab League member With the aim of supporting women to have steady feet in economic markets and help them establish their own startups in the fields they are passionate about, the 4th …
Saudi Arabia to launch business, tech university in Egypt
Negotiations with government to agree on project site, implementation period, says Dahlan
One of Africa’s most influential women in business, government is Yomna El Sheridy
Yomna El Sheridy is the founder and managing director of Special Food Industry International Co, manufacturer and exporter of table olives, pickled vegetables, and sun-dried tomatoes. She has over 20 years of experience in food processing and has worked in the export and marketing of food products at a global level. El Sheridy has worked …
BWE21 will hold its 4th annual conference between 17 to 21 February
The aim of the conference is to demonstrate the success of women’s leadership as a role model in promoting Egyptian economy in the Middle East, says chairperson of BWE21